System: Enter the Zone
Description: This is a contrarian automated trading system that taps on consistent FX price patterns that existed for many years with no sign of fading. We have been live trading it profitably for years on Interactive Brokers, and integrated with MT4 brokers recently in order to be signal provider and PAMM manager. We only use real money accounts with reputable brokers to provide signals.
We strictly avoid all forms of Martingales and Grids, opening only one trade in FIFO manner. Hence we only need a leverage of 1:100. The system strictly closes all trades by end of week to avoid swaps. It uses dynamic exit signals for stop loss & take profit instead of pre-defined hard limits.
We design the system to have minimal drawdown without compromising growth, and will NOT risk >25% of equity even in extreme market volatility. Position size is dynamically defined as a ratio of equity, so lot volume increases when profiting and decreases when losing. We achieve 1:1 ratio in profit/loss pips and 65% win probability, which is not easy. Performance speaks for itself, you will see our growth for years to come.
Type of Trading: Real
Started: Oct 09, 2014
Tracking: 72 users
Currency Pairs: EURAUD
Essentials: The Enter the Zone system has made 818 trades with an average winning trade of 12.36 pips / , the average losing trade around -16.77 pips / and an average trade length of 2h 1m.
The best trade it ever had was (Aug 04) 143.2 in pips and the worst trade was (Mar 18) -112.9 in pips.
It has won (273/431) 63% of its attempted buys and (247/387) 63% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Its average stop loss is less than 50 pips which is reasonable.
- Prone to large drawdowns.